Drone shot of the South Bay of Los Angeles and beyond taken from a Rancho Palos Verdes property. A prospective buyer said to me, "I think we have an early spring market. Houses seem to be priced higher, and they are selling fast." I must agree. Due to the limited inventory and high demand, very few Palos Verdes neighborhoods are experiencing a slowdown in the real estate market. Three houses came on the market in the Silver Spur neighborhood, and within a week all three homes were in escrow. The properties were beautifully remodeled, all had views, [...]

Photo Taken from a Rancho Palos Verdes Home: City View with Snow-Capped Mountains The weather has not been especially conducive to showing houses or holding an open house, but Mother Nature's rain and cold weather have not cooled the real estate market for single-family homes in Rancho Palos Verdes. Yes, that is correct, the market slider shows the RPV market turning up the heat for single-family homes. 71 RPV single-family homes are for sale. 34 Rancho Palos Verdes residences are in escrow with accepted offers, and eight Rancho PV homes have sold thus far in 2019. More Palos Verdes Real [...]

It was a Monet kind of morning. If you're considering selling or buying a Palos Verdes property, here's some vital information about the single-family real estate market for the entire Palos Verdes Peninsula: There are 144 Palos Verdes single-family houses for sale. 65 PV homes are in escrow with accepted offers, and 17 Palos Verdes single-family residences have sold thus far in 2019. More Palos Verdes Real Estate Market Snapshots for February 2019: Selling Palos Verdes Properties Since 1992

Happy New Year! Rancho Palos Verdes finished 2018 strong with 370 single-family Palos Verdes homes sold. 15 Rancho PV single-family properties are in escrow with accepted offers, and 74 RPV houses are for sale. However, like most real estate markets on the Palos Verdes Peninsula, Rancho Palos Verdes is now in a neutral market favoring neither the seller nor the buyer. More Palos Verdes Real Estate Snapshots for January 2019: Let me know if you would like more information about a particular neighborhood of interest. Norma Toering 310.493.8333 or Norma@CharlemagneProperties.com. Selling Palos Verdes Properties Since 1992

Happy New Year! 2019 will be a test for the strength of the local real estate market. After several years of a market favoring sellers, the balance is shifting to a neutral market favoring neither the seller nor the buyer in most of the sub-markets on the Palos Verdes Peninsula. Will the market stabilize in the neutral zone, or will it continue to edge toward a full-blown buyer's market? Time and economic conditions will tell. There are 148 Palos Verdes single-family properties listed for sale. 34 PV homes are in escrow with accepted offers. 646 Palos Verdes single-family homes sold [...]

There are currently nine Palos Verdes luxury homes, those priced at or above $3,000,000, in escrow with accepted offers. 64 Palos Verdes luxury residences are for sale, and 47 high-end Palos Verdes properties have sold year-to-date. The Palos Verdes luxury home market enjoyed an uptick in activity last month and moved the Little Yellow Dot closer to a neutral market. More Palos Verdes Real Estate Snapshots for November 2018: A glance reveals the Little Yellow Dots are indicating we are moving away from a seller's market and into a neutral market favoring neither the seller nor the buyer. It's been [...]

Portuguese Bend Beach Community in Rancho Palos Verdes Rancho Palos Verdes has the most robust seller's market on the Palos Verdes Peninsula as we enter September 2018. The continued strength may be due to the lower median price when compared to other cities on the Palos Verdes Peninsula, thus making Rancho Palos Verdes the most affordable of the four cities located on The Hill. Palos Verdes Median Home Price by City: Rancho Palos Verdes: $1.3 mm Rolling Hills Estates: $1.4 mm Palos Verdes Estates: $2.1 mm Rolling Hills: $3.3 mm There are 106 Rancho Palos Verdes [...]

September is here, and I love the cooler mornings and evenings. There seems to be some cooling happening in the local single-family homes real estate market, too. Is it weather related? Maybe, but with back-to-school and a three-day weekend, it's difficult to pinpoint the reason. Most likely, it's an aging seller's market operating with a lower buyer demand--supply and demand define the market, and the Palos Verdes single-family real estate market is approaching a neutral market favoring neither the seller nor the buyer. Inventory is remaining steady with 216 Palos Verdes single family homes listed for sale. That's the [...]